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Selecting The Right Realtor For You

Don't Make These Mistakes When Pricing Your Home

See This Home On The Premier Website 1213 Kiowa Drive WOk, you made a decision. You want to put your home on the market. What is the next decision you need to make?  Normal course of action would dictate find a realtor. But, not just any realtor. There are many real estate brokers and agents out there but what and how to know who will work best is by finding out more about those in your area if you do not know anyone.

Lake Kiowa Premier Real Estate can help you with this decision. A simple call to the office to discuss your real estate needs is first and foremost. Premier agents know Texas, DFW, and most especially Lake Kiowa. Premier agents can help you determine your priorities, and then get you started in the overall process.

Deciding how much to ask is another one of the most important decisions you must have when selling your home. Why? The bottom line is you want to sell your home, at the right price for the area where it is located; and hopefully make it where you are making a reasonable profit. The Texas Real Estate Association put out a great flyer with just the right information on it to begin that process.  Here are a few pitfalls to avoid,

MISTAKE 1: OVERPRICING YOUR HOME

Setting a high asking price can backfire. Buyers are reluctant to make offers on clearly overpriced homes. And the longer a home sits on the market, the more it takes on the stigma of a property with a problem.

MISTAKE 2: RELYING ON BAD DATA

Some home values you find online may be based on incomplete or inaccurate data. REALTORS® and real estate appraisers are your best sources for real estate data and pricing information.

MISTAKE 3: COMPARING YOUR HOME TO THE WRONG PROPERTIES

Your house may be worth more or less than a similar house in a different neighborhood. In addition to location, other factors that affect price include property condition, size, and features.

MISTAKE 4: FACTORING IN YOUR EMOTIONS OR FINANCES

Buyers won’t pay more for the fond memories you have of your time in your home. They also won’t ake into account your financial situation. All that matters is what the home is worth to them. Deciding how much to ask is one of the most important decisions when selling your home. Here are some pitfalls to avoid.

Your Texas REALTOR® agents here at Premier can help you determine a price to help you sell your home and meet your goals. We are close, right at the entry here at Lake Kiowa and if you are wanting to sell another home in Texas elsewhere we can help with that as well.

If you have any questions, please don't hesitate to contact us with any special requests you may have about our wonderful community here at Lake Kiowa.

The agents of Lake Kiowa Premiere Real Estate are always available to help you with any questions or concerns.

940-665-3300

4 Of The 5 Fastest Growing Big Citites Are In Texas

Stay Informed About Texas Real Estate

Home Building In Texas

If you have any questions about the real estate markets here in Texas, now is the time to discuss these in relation to your business or personal real estate investments. Premier Real Estate here in Lake Kiowa, is here for you. Let us make an appointment to discuss your current needs. This article does have a positive perspective about the overal condition of the Real State Market In Texas. Some things have changed, some things have definitely driven up costs, but this information is valuable to you as an invester, home owner, or even business owner.

You have probably heard for years that Texas has built a reputation as a place where families can live well for less. In addition you have probably also heard that several of its metropolitan areas are consistently ranked among the nation’s most affordable as well. The good news for us here in Texas is that the economic success of our cities is changing that picture a little but not as much as most other states. While some costs have risen, according to the Federal Reserve Bank of Dallas, the rise in Texas home prices has outpaced that of the nation as a whole since 2011.

Dr. Ali Anari Research Economist, Texas A&M Real Estate Center Another important fact is that a recent Texas A&M Real Estate Center study says Texas housing prices have risen enough to reduce Texans traditional cost of living advantage. The state's growing economy isn't all over the state, but Dr. Ali Anari a research economist at Texas A&M Real Estate Center indicates as of March 2018, "Texas created jobs at an annual rate of 2.5% from December 2016 to December 2017, which is still higher than the nation's employment growth rate of 1.4 percent." In the next few paragraphs, we will be quoting his statistics realeased in March of 2018.

Texas does also continue to experience explosive population growth, gaining nearly 1,100 people per day. According to recent Census estimates, four of the nation’s five fastest-growing large cities (those with 50,000 or more residents) are in Texas — Conroe, Frisco, McKinney and Georgetown, all of them located within the state’s largest metropolitan areas.

What About Rising Building Costs?

Texas homebuilders are struggling to meet the strong demand for affordable single-family homes. One of the ongoing problems they face has been a lack of skilled construction workers following the housing bust of the Great Recession. In the recent years between 2007 and 2013, the nation’s builders lost more than 2 million workers, and only 40 percent of them ultimately returned to the industry. The Federal Reserve Bank of Dallas reports that Texas’ residential construction job count fell more than total employment during the recession, and took more time to rebound.

This ongoing shortage of carpenters, masons and other skilled workers led to higher wages, which increase the bottom-line price of homes. And construction worker pay is rising much faster in Texas than in the nation as a whole. Inflation-adjusted average hourly earnings in Texas’ construction sector rose by more than 20 percent between 2011 and 2016, versus just 4.7 percent for the U.S. construction sector — and nearly four times the 5.9 percent growth in Texas’ total average private-sector earnings. An additional factor of interest is the cost of land itself, which we will discuss now.

“Land costs account for 20.4 percent of Texas home prices, historically the highest percentage [we’ve seen] and up from 14.1 percent in 2000,” Anari says. And Texas’ land price index, a measure of the extent to which land prices change over time, indicates prices are increasing quickly. “Since 2000, the Texas land price index for single-family homes has increased by 122 percent, compared with 95 percent nationally,” he says.Government regulation also plays a role as well. According to the Texas Public Policy Foundation, many Texas cities have reacted to rapid growth by enacting strict zoning codes — ordinances controlling land use and construction — that remove tracts of land from development, driving up demand and prices.

Where building can take place, the cost of regulatory compliance contributes to higher prices. Such costs can include permit, hookup and “impact” fees, environmental surveys, requirements for specific building materials and much more — all well-intentioned, but all adding to the bottom line.

A 2016 study by the National Association of Home Builders estimated government regulations account for nearly a quarter (24.3 percent) of the final price of an average new single-family home. And between 2011 and 2016, these regulatory costs rose by nearly 30 percent, while the nation’s per capita disposable income increased by just 14.4 percent. In other words, regulatory costs are rising more than twice as fast as the average American’s ability to pay for a home.

Rising costs associated with building have made the development of moderately priced housing difficult and less profitable for homebuilders. As a result, single-family home construction is skewing away from “entry-level” housing and toward larger, more expensive — and more profitable — homes.

The stock of entry-level homes is most limited in the state’s major metropolitan areas, although an abundance of homes is available at higher price points. According to the Real Estate Center, sales of homes priced from $300,000 to $399,000 have been rising since 2012, while sales of homes priced below $200,000 have been either flat or declining.

Perhaps unsurprisingly, the booming Austin-Round Rock area had the highest median home price in 2017, at $299,900. And, while Austin has the highest median price, it hasn’t seen the fastest price increase. That distinction falls to our near neighbors in Grayson County’s fast-growing Sherman-Denison metro area, which saw an 83 percent increase in its median price between 2011 and 2017 (Exhibit 2), although that price remains well below the state median.*Metropolitan Statistical Area as defined by the federal government. Note: Texas A&M Real Estate Center began tracking single-family data separately in 2011. Source: Texas A&M Real Estate Center

Please note that according to these same statistics, that Texas housing still remains a bargain compared to many other areas of the nation. According to the Real Estate Center, for instance, in November 2017 the median sale price for existing Texas homes was about $218,000, while the median price realized for new homes was nearly $286,000. The National Association of Realtors, by contrast, reports the nationwide median price for existing homes was $248,200 in November 2017. In the same month, according to the Census Bureau, the median U.S. price for new homes was $334,900.

Rising Rental Markets

Did you know that Texas has a large rental housing market? The Texas State Affordable Housing Corporation reports about 38 percent of Texans are renters; these include the majority of the state’s newcomers. Inevitably, the same factors affecting demand and sales prices have boosted rents in some regions.

Reasons for these mixed market conditions contributing to high rents include a limited supply of land zoned for multifamily use and high development costs. As with single-family housing, high costs incentivize developers to build properties designed to yield higher returns. The most recent study by Harvard University’s Joint Center for Housing Studies, indicates that most of the new multifamily construction under way across the U.S. is at the higher end of the market, with low-rent units growing increasingly scarce in major cities.

Growing demand from higher-income households, such as relocating professionals, also can push rent higher. That said, not that the Austin, DFW and Houston metro areas, currently have the highest median monthly rents in Texas as does Midland whose energy-related industry is surging back after the oil price slump. Together, these areas have helped push the median Texas rent to $956, even though rents trend lower in most other Texas metro areas. The U.S. median rent was similar, at $981 in 2016.

Austin-Round Rock also leads the state in its rate of rent increase, followed by smaller metro areas including Abilene, Lubbock, Odessa, Midland and San Angelo (Exhibit 4). With the exception of Midland, however, each of these smaller cities had median gross rents below the state median, as seen in Exhibit 3. The state’s median rent rose by 17.6 percent between 2011 and 2016, easily outpacing the national rate of 12.6 percent.

Housing Costs Versus Income

In noting analysis of the high housing costs, you must realize they pose challenges for households and for the state’s economy. The cost and availability of affordable housing can determine a family’s access to work, education, shopping and many more factors are affected. It also affects employers’ ability to hire and retain qualified workers, which in turn can influence where companies choose to locate and expand.

Although Texas’ housing affordability remains favorable compared to other states, high housing costs in some regions force many households to make serious tradeoffs. These often include commuting farther to work each day, postponing or forgoing homeownership, living in more crowded housing and spending a greater share of income on housing. And these trade-offs are particularly challenging for households with low incomes.

Most of these types of information are coming from metro areas listed are Austin-Round Rock, Midland, Dallas-Fort Worth-Arlington, Houston-The Woodlands- Sugar Land, San Antonio-New Braunfels, Corpus Christi, Odessa, Lubbock, Abilene, College Station-Bryan, Killeen-Temple, Victoria, Tyler, San Angelo, Beaumont-Port Arthur, Amarillo, Waco, Longview, Laredo, El Paso, Sherman-Denison, Wichita Falls, McAllen-Edinburg-Mission, Texarkana, Brownsville-Harlingen.

*Metropolitan Statistical Area as defined by the federal government and their source information is the last US Census Bureau reports. The latest Census estimates indicate 26.4 percent of Texas homeowners with mortgages are “cost-burdened,” spending 30 percent or more of their household incomes on house payments, still slightly below the comparable U.S. figure of 28.1 percent.

In addition to those figures above, mortgage payments, property taxes also make it more difficult to afford homes. In a Tax Foundation analysis based on 2014 tax information, Texas had the nation’s sixth-highest “effective” property tax rate (the average amount of residential property taxes paid expressed as a percentage of home value — in Texas’ case, 1.67 percent).

In general, renters are even more likely to be cost-burdened — 43.9 percent of Texas renters and 46.1 percent of renters in the U.S. spend 30 percent or more of household income on rent and utilities.

According to the Texas State Affordable Housing Corporation, a Texas household must earn $18.38 per hour or $38,234 annually to afford the state’s average fair-market rent of $956 for a two-bedroom apartment without being cost-burdened. Unfortunately, the average renter in Texas earns only $17.89 per hour.

What about our future in Texas?

There are many opinions  on the extent of Texas’ future housing challenges, but it is a fact that economic growth and population increases will put continuing upward pressure on the state’s home prices and rents.For real estate agents, business concerns, home owners, and economic issues may need to help more in the coming months and years if Texas wants to maintain its overall reputation for a low cost of living.  Our state and local policymakers must consider the factors driving price increases — and act on those they can influence. For Texans all over the State, it's always been we are untited to help each other maintain those factors that will ultimately keeps costs down, investments up, and keep them there.

Call us today at Lake Kiowa Real Estate.com. We are here to support you in getting the best prices, at the right time, as buyers and sellers of real estate in Texas. Call us today and see how hard we work for all our clients.

Lake Kiowa Premiere Real Estate looks forward to many years of serving the Lake Kiowa community. Please come see us for all of your real estate needs, but feel free just to stop by any time and say hello too!  Lake Kiowa Premiere Real Estate is open 7 days a week – Monday through Saturday from 9:00 AM to 5:00 PM and Sunday from 11:00 AM to 5:00 PM.

The agents of Lake Kiowa Premiere Real Estate are always available to help you with any questions or concerns.

940-665-3300


Texas A&M Real Estate Center - Here is the URL to find out more - https://www.recenter.tamu.edu/articles/technical-report/monthly-review-of-the-texas-economy

 

 

Texas Still #2 In U.S. Relocation Activity For 2016

This Is The Latest Report And It Is Great News!

Below find the latest Relocation Report we have to date here in Texas. Pierpont Communications released this information in February 2018 and the analysis is really good for us here in Texas. For 4 years, Texas has over 5000,000 new residents. Reasons are clear, if you weren't born here many have decided they can get here as fast as they can. On every side, Texas has so many reasons to want to live here and to retire here. Strong and Steady growth establish a positive environment for business developement and raising a family.Texas Still #2 In Relocation Report 

Hunter Dodson
Pierpont Communications
512-448-4950
FOR IMMEDIATE RELEASE
Texas holds on to No. 2 spot for U.S. relocation activity in 2016
Texas Association of REALTORS® releases latest Texas Relocation Report

February 08, 2018 — Austin

Texas ranked second in the nation for incoming residents in 2016, according to the Texas Relocation Report released today by the Texas Association of REALTORS®. Analyzing the latest migration data from the U.S. Census Bureau, the report marked the fourth consecutive year that Texas experienced a gross inflow of more than 500,000 residents from out of state.

“Despite slowing job and economic growth over the last two years, housing-market and population growth have remained strong and steady throughout the state,” said Kaki Lybbert, 2018 chairman of the Texas Association of REALTORS®. “With more than half a million people moving here each year, it’s evident that the Lone Star State fosters a positive environment for business development and raising a family.”

According to the report, Texas welcomed 531,996 total new residents in 2016. This is less than the number of out-of-state residents who moved to Texas in 2015 (553,032), but the net gain of out-of-state residents in Texas in 2016 was still positive at 87,656 residents.

Nearly half of the gross inflow of residents to Texas originated from outside of the U.S. Among U.S. states, the highest number of new Texans relocated from California (69,945), Florida (31,145), Oklahoma (30,532), Louisiana (27,998) and Illinois (21,848).

Texas ranked third in the nation for the number of residents moving out of state (444,340) in 2016, but fewer people moved from Texas to other states compared to the previous report. The most popular out-of-state relocation destinations for Texans were California (39,109), Florida (31,153), Oklahoma (28,060), Louisiana (21,925), and Colorado (20,725).

At the Metropolitan Statistical Area (MSA) level, Los Angeles-Long Beach-Anaheim, New York-Newark-Jersey City, and Chicago-Naperville-Elgin produced the highest volume of residents relocating to Texas. Dallas-Fort Worth-Arlington recorded the highest number of incoming residents from out-of-state (123,661) followed by Houston-The Woodlands-Sugar Land MSA (104,811).

At the county level, Harris County led the state with a net gain of 20,942 residents relocating from out of state, but four of the top 10 counties with the highest net gain of out-of-state residents were in North Texas (Dallas, Tarrant, Collin and Denton counties). Three of the top 10 counties were located in Central Texas (Travis, Williamson and Bell).

Lybbert concluded, “The Texas Triangle is a magnet for relocation activity and real estate development across the state. As these large MSAs like Austin and San Antonio continue to fuse together, it’s becoming increasingly important for our local and state leaders to think about housing development and affordability from a regional perspective. Texas REALTORS®, too, are learning to serve and be knowledgeable about larger and larger market areas.”


About the Texas Relocation Report -The Texas Relocation Report is based on data from the U.S. Census Bureau and U-Haul. The report analyzes county relocation data for the 43 largest demographic areas in Texas. The Texas Association of REALTORS® distributes insights about the Texas housing market each month, including quarterly market statistics, trends among homebuyers and sellers, luxury home sales, international trends, and more.


About the Texas Association of REALTORS® - With more than 110,000 members, the Texas Association of REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas REALTORS® and private-property owners to keep homeownership affordable, protect private-property rights, and promote public policies that benefit homeowners. Visit texasrealestate.com to learn more.

The Soil Is Almost Ready

Buying Sod In Texas

The weather is starting to warm up and planting time for sod is almost here. If you have never purchased sod for your lawn or land, then let's go over this list and talk about some critical factors you really need to know prior to arrival. If you’re buying very much sod, have it delivered. It is very heavy. A heavy duty truck will be required if you do it yourself depending on what you need.

Lake Kiowa homes are known for their beauty. Events every weekend, BBQ's, parties, and boating activities always include your lawns. Whether you are cooking out on the grill, having a pool party, or planting flowers and reworking your gardens means your yard is highly visible. Sod, grass, and trees are a vital part of the landscape mix here at Lake Kiowa and we encourage you to read about planting sod instructions below. We all love Lake Kiowa!

Here are some helpful recommendations for you to consider and make plans for:

  • Please be sure to have your sod delivered (unless you own a heavy-duty truck). One pallet weighs 2,000-3,000 pounds. Not to mention unless you have a pallet jack to get it on and off the truck you will need to do it my hand. Not fun.
  • Plant your sod by the end of May, prior to really hot sun and temperatures. It makes for easier work, and it won’t dry out so quickly as you get it established.
  • Be sure you apply a glyphosate-only herbicide that has no other active ingredient. This will eliminate existing grasses and weeds without leaving any herbicidal residue in the soil.
  • Rototill to prepare the soil carefully. If you don't own one, go to the nearest local retail gardent centers for your area. Be sure to rake to a smooth grade afterwards.
  • Be sure to do the research on types of sod. Here in Texas,  St. Augustine for part shade or full sun; bermudagrass for full sun. Zoysias fall in-between and are becoming increasingly popular across much of Texas. Remember, there really isn't a grass for full shade.
  • Source your best sod yard you can. Most of you gardners out there are familiar with your independent retail garden centers in your area.
  • Fresh sod is bright green, and the soil portion will be moist. If it is brown you may want to rethink your source.
  • Try to buy Texas grown, processed in late afternoon and shipped to you overnight for early morning planting.
  • Sod laid onto tilled soil is a group effort. A team of four or five workers is required. It helps if you walk on pieces of plywood so you won’t leave footprints.
  • Each piece of sod should be as close as possible to each other. Voids which do happen can be filled to avoid gaps by cutting up the pieces to fit.
  • Be sure that you water each area of the yard as soon as you have the sod planted. Inventory carefully and be sure to fill any conspicuous cracks between pieces, although narrow spaces will still fill in very quickly.
  • Visually, if the lawn looks lumpy after you have planted the sod, consider rolling it one time with a half-filled lawn roller.
  • Watering is necessary for the first two weeks. Do water each day (unless it rains) for about 5 minutes per area; you will be able to gradually wean the grass to longer intervals between waterings.

When the sod takes hold and the grass begins to grow, be sure to mow at the recommended height as soon as the grass grows slightly beyond it. Keep the grass at that height. Low mowing encourages dense, spreading growth.
You can fertilize the new grass after the second mowing. It's best to use an all-nitrogen food with half or more of that nitrogen in slow-release form. Remember that the first feeding should be at half the recommended rate. Then, approximately one month later, fertilize at the recommended rate.

If you have any questions about your sod, be sure you write the down and discuss them with your sod provider. It would help to contact more than one grower, and if possible visit the sod farm if you are buying direct and not using a local nursery or garden facility.

Here are some Don'ts for the record that will save time, money eliminate having to purchase additional sod that could die.

  • Never start new sod without first rototilling the ground and raking it smooth ahead of time. If you only spread an inch of sand on top of the old grass and weeds, then lay out their sod; you are doomed to failure or severely impaired results. In this scenario "You only get one chance to do the job right."
  • Never accept sod with nutsege (nutgrass). If you can see nutsedge in the thin layer of soil, turn it down. The sod-cutting machines will slice the pea-sized “nutlets” cleanly in half. If nutsedge is present, you’ll be able to see those little pieces.
  • Never use weedkillers, including pre-emergent herbicides until the new grass has been through its first winter for best growing results.
  • Don't bother planting sod in a shaded area. Even St. Augustine will fail to grow when an area receives fewer than 5 or 6 hours of direct sunlight daily. If you have an area like this, it’s time to consider a groundcover. There are several shade tolerant groundcovers, and you can do research about that online very easily.

Sod is expensive. Take to heart the recommendations provided in this article. You will find that strict adhearance to these basic best accepted practices, your sod will perform in the manner you hope. Happy Lawns look beautiful and green, and will certainly be a gift to you and your neighbors and family each time you use your patio.

Lake Kiowa Premiere Real Estate is open 7 days a week – Monday through Saturday from 9:00 AM to 5:00 PM and Sunday from 11:00 AM to 5:00 PM. The agents of Lake Kiowa Premiere Real Estate are always available to help you with any questions or concerns. 940-665-3300

Get Busy Winter Is Almost Here

Prepare Your Landscaping For Winter

Your yard was beautiful this year. If you are new to Lake Kiowa then remember it takes work all year long. Years of your hard work have paid off and your lawn and shrubs, color, and even the trees are just like you like them.

If you are an avid gardner and lawn keeper, then please pay attention to these most critical things you’ll want to accomplish before too much more time passes by and cold weather hits. All your hard work all year will need some special care; as will planting, pruning, and fertilizing now to maintain that simple beauty coming into 2018.  It's all about maintenance now.

Here are the next planting recommendations for North Texas lawns and gardens:

  •  Make sure that your Tulips and Dutch hyacinths have 45 days in the fridge before you plant them outdoors by the end of the year. This is probably your last call to get that done. Daffodils and grape hyacinths can be planted at any time of course, just make sure you purchase fresh potting soil.
  •  Most of the regional trees and shrubs can still be planted now, but you may have to hunt for them in the backs of the nurseries – behind the shipments of Christmas trees. Remember you can always ask your favorite nurseryman for help.
  • Keeping your patio and curb appeal color like Pansies and other winter color plants is always an option. Plants in raised beds of well-prepared, highly organic soil are required, and remember they can be outstanding in pots as well.

Recommendations for Pruning those outdoor beauties is a must:

  • Be sure to trim to re-shape foliage plants you’ve brought in from the patio for winter. It will stimulate new growth in the fast growing season.
    Be sure to go ahead and mow your lawn to remove fallen tree leaves.
  • Try to snip erratic growth from shrubs, but save major reshaping for two months from now (late January, early February) for maximum growing this coming Spring.

Regular fertilization habits must continue:

  • Understand thatPansies, pinks and other winter color with high-nitrogen, water-soluble plant food to keep them growing vigorously. Failure to feed adequately is a common cause of poor plant performance and you want your work to pay off in beauty.
  • Remember that your houseplants need monthly feeding with high-nitrogen, water-soluble plant food at half the recommended rate. Your goal for the winter is to maintain them status quo, not to encourage them to grow while they’re in the darker conditions indoors. Staying healthy is always best.
  • If you want to sow Ryegrass and fescue (cool-season grasses), then you must feed with high-nitrogen or all-nitrogen lawn food to keep it green. Water immediately after feeding.

Keep and eye out for pests, weeds, and unwanted grasses daily:

  • All your Broadleafed weeds will need killer spray on a sunny, warm and relatively still day to get rid of those cool-season broadleafed weeds before winter moves in. Read and follow label directions for your selections; or contanct your favorite nursery employee.
  • Remember to keep close watch on all houseplants closely for signs of scale insects, mealybugs, whiteflies and spider mites. These pests commonly come in from outdoors when we bring plants inside for the winter and will need to be treated. It's a good idea to spray everything before you take them in; and there are great broad solutions that can eliminate issues before those pesky pests show up.

By the way, to everyone out here at Lake Kiowa, hope you and your families had a great Thanksgiving. We look forward to seeing many of you at the Season's Events at the Lodge.

 

 

Texas Association of REALTORS® Releases Inaugural Texas REALTOR® Satisfaction Index

Texas Realtors Working For You - Lake Kiowa Premier Real EstateThe November 2017 The Texas Association of REALTORS® released the new report that gauges Texas homebuyer and seller satisfaction of working with a real estate agent. This is great news for everyone who is a licensed realtor here in Texas. What this means to you as a homebuyer or homeseller here in Texas, is that this inaugural Texas REALTOR® Satisfaction Index showed that a majority of homebuyers and sellers highly value the local market knowledge and expertise that Texas REALTORS® provide. Over 17,000 Surveyed respondents cited word-of-mouth referrals and timeliness in communications as important factors in the selection and satisfaction of working with a real estate agent.

Lake Kiowa Premier Real Estate is proud to have been a part of this report for 2017, and lets you know here in Texas, we continue to strive to provide you with the best service we can in finding you a buyer or a seller for your home. Here is some additional information you may enjoy reading.

According to the report, Texas homebuyers and home sellers rated their experience of working with a Texas REALTOR® a 4.91 and 4.87 out of 5.0, respectively. Among those surveyed, approximately 98 percent gave a satisfaction rating of "good" or "excellent", 1 percent selected "satisfactory" and less than 1 percent selected "poor" or "below expectations."

Respondents' satisfaction of working with a Texas REALTOR® was most likely to be impacted by the agent's ability to communicate clearly and in a timely manner. Vicki Fullerton, chairman of the Texas Association of REALTORS®, commented: "The Texas housing market moves fast, and it's increasingly important for REALTORS® to be able to operate at the speed of the market. This means allowing for greater accessibility, setting communication expectations up front with clients and ensuring clear, timely communications so that homebuyers and sellers can feel confident at every step of the process."

Despite the growing role of technology in the real estate industry, the Texas REALTOR® Satisfaction Index showed that more than one-third of homebuyers and sellers found their Texas REALTOR® through a referral from friends or family. Less than 5 percent of respondents found their Texas REALTOR® through an Internet search or online portal. Eight in 10 respondents indicated that they didn't consider another broker if they had previously worked with a Texas REALTOR®. Texas homebuyers and sellers ranked a deep understanding of a client's unique needs and local market conditions as the top two deciding factors in working with a Texas REALTOR®.

Fullerton concluded, "Being a Texas REALTOR® means striving to make a difference every day, not just in the lives of the homebuyers and sellers we serve, but in the communities in which we live, work and do business. That's why you'll often see Texas REALTORS® taking a stand on issues that impact our economy and quality of life, such as the recently passed Proposition Two which gives Texas homeowners easier access to the equity in their homes."

The number of Texas REALTORS® has grown approximately 27 percent since 2010, now exceeding 114,000. In 2017, Texas REALTORS® remain committed to homeowner advocacy and in 2017 alone invested $4.96M to the Texas Association of REALTORS® Political Action Committee (TREPAC) and donated more than $3M in Hurricane Harvey Relief through the Texas Realtor Disaster Relief Fund.

About the Texas REALTOR® Satisfaction Index - The 2017 edition of the Texas REALTOR® Satisfaction Index is based on survey responses from 17,000 Texas homebuyers and sellers collected in 2016 and compiled by RealSatisfied, a customer satisfaction and performance evaluation platform built specifically for the real estate industry.

About the Texas Association of REALTORS® - With more than 114,000 members, the Texas Association of REALTORS® is a professional membership organization that represents all aspects of real estate in Texas. We advocate on behalf of Texas REALTORS® and private-property owners to keep homeownership affordable, protect private-property rights, and promote public policies that benefit homeowners. Thanks you Texans for supporting us here at Lake Kiowa Premier Real Estate.

  What We Do For You

Buy - Search, Preview, Offer, Negotiate

Sell - Plan, Prepare, Price, Promote

Lease - Flexibility, Options, Value

Manage - Position, Plan, Prepare, Package

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Lake Kiowa Premiere Real Estate
100 Kiowa Dr. West, Suite 204
Lake Kiowa TX, 76240

940-665-3300

http://www.lakekiowarealestate.com

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